Record increase in European military spending after Russian invasion of Ukraine

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After the Russian invasion of Ukraine, Europe’s military spending has increased to a record.

The Stockholm International Peace Research Institute has stated in its research that Europe’s military spending has increased at a record pace in 2022.

According to the study, Europe’s military spending has not seen such an increase since the Cold War, reaching 2.24 trillion dollars.

According to the study, the military expenditure of Europe is recorded at 2.2% of the world’s gross domestic product.

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